Press release
Aircraft Sensors Market is expected to reach to US$2.7 billion by 2o024
Market Snapshot:The increasing usage and prominence of wireless sensors paves the ground for the global aircraft sensors market. The global aircraft manufacturers are engaged in the development of wireless sensors and the demand is amplified with the augmented deployment of structural health monitoring system that is the use of internet of things (IOT) technologies, in aircrafts.
The market for the global aircraft sensors is expected to rise at a CAGR of 6.2% during the forecast period of 2017 to 2024. The market value is expected to reach to US$2.7 billion by 2o024 from US$1.9 billion in 2017.
Market Segmentation, By Product
Turbofan
Turboprop
Turbo shaft
By Application
Commercial
Military
General
Commercial segment wins race against Other Applications with Greater Revenue Earnings
The world aircraft sensors market is classified into turbofan, turboprop, and turboshaft, according to product segmentation. On the basis of application, the market is segregated into three segments, commercial, military, and general. Among this segment, the commercial segment is expected to garner share of 52% market share by 2024, with market value of approximately US$1.3 billion.
Request For Report Sample: https://www.researchreportinsights.com/report/sample/110114662/Aircraft-Sensors-Market
All of the product and application segments of the world aircraft sensors market are studied by the analysts in terms of Y-o-Y growth, market share, and revenue comparisons for the 10-year review period.. This evaluation of the market based on the segmentation study could prove to be crucial for companies looking to advance in the market. Players could be able to foresee the potential growth of critical segments and accordingly manage their lead in the market.
North America Listed among Most Lucrative Region while Reaping Largest Share
The North America region could also be one of the most lucrative markets for aircraft sensors as it expands at an expected CAGR of 7.0%. In 2017, it already secured a US$0.8 billion and is envisioned to grow extensively well in the coming years.
Rising at a CAGR of 6.2% over the course of the forecast period, Europe could be another attractive region of the international aircraft sensors market. The Middle East and Africa (MEA) is expected to showcase its presence in the market while bagging in a US$0.3 billion by 2024 end.
Request For Reprot discount: https://www.researchreportinsights.com/report/discount/110114662/Aircraft-Sensors-Market
Competitive Scenario
The key players operating in the global aircraft sensors market are the Honeywell International, Inc., Zodiac Aerospace SA, AMETEK, Inc., Schneider Electric SE, General Atomics Corporation,TE Connectivity Ltd., Aerospace Systems, Curtiss-Wright Corporation, Safran SA, and Meggitt plc.
Report Analysis: https://www.researchreportinsights.com/report/rd/110114662/Aircraft-Sensors-Market
Research Report Insights (RRI) is a leading market intelligence and consulting firm. We deliver a host of services including custom research reports, syndicated research reports, and consulting services which are personalized in nature. RRI delivers a complete packaged solution to clients; this combines current market intelligence, technology inputs, statistical anecdotes, valuable growth insights, 360-degree view of the competitive framework, and anticipated market trends
Research Report Insights (RRI
42 Joseph Street
Port carling P0B 1J0
Muskoka, Ontario1
Phone - +1-631-721-4201
Website: https://www.researchreportinsights.com/
Email: sales@researchreportinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aircraft Sensors Market is expected to reach to US$2.7 billion by 2o024 here
News-ID: 1585103 • Views: …
More Releases from Research Report Insights
Automotive Brake System Market 5.7% of CAGR throughout 2017-2022 Research Report …
The global automotive brake system market is anticipated to witnessing a substantial growth due to fresh prospects of the automotive industry in emerging along with developing economies and increased safety concerns by the government. It was stated in the report that the overall growth of the market is expected to reach a market value of above US$ 25 Billion through 2022, exhibiting a strong 5.7% of CAGR throughout 2017-2022.
In modern…
Automotive Brake System Market 2022 | Continental AG, Robert Bosch GmbH, Wabco H …
The global automotive brake system market is anticipated to witnessing a substantial growth due to fresh prospects of the automotive industry in emerging along with developing economies and increased safety concerns by the government. It was stated in the report that the overall growth of the market is expected to reach a market value of above US$ 25 Billion through 2022, exhibiting a strong 5.7% of CAGR throughout 2017-2022.
In modern…
Tarpaulin Sheets Market These factors, thus, are likely to boost the plastic mar …
A tarpaulin is a big sheet of water-proof material available in various sizes, generally being crafted from plastic like HDPE, LDPE. Tarps can be used to refuge any kind of items. Tarpaulins can efficiently be used to cover goods in the course of shipping and then they also can be used to house goods internal of a truck body so they are not uncovered to the elements.
The Tarpaulin Sheets Market…
Research Report Insights present kayaks market by 21 percent, or over by $42 mil …
Kayaking is a watersport which involves paddling using a double-bladed oar and a small boat known as a kayak. The boats come in a variety of sizes and types, depending on their intended use, but most kayaks feature an enclosed deck which covers the legs. The boat sits low in the water & usually only accommodates the single paddler, but tandem kayaks hold two people and some boats hold three…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
